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The RAND health insurance study gave every subject a fixed amount of money that covered the maximum possible expenditure that each subject might have. Because
"The RAND health insurance study gave every subject a fixed amount of money that covered the maximum possible expenditure that each subject might have. Because of this, all participants could act as is they had full coverage, and the experiment was invalid." Assuming the validity of the first sentence, comment on the inference drawn in the second sentence.
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